Search
HVAC Flex Space
For Lease
Contact for pricing

3948-3950 S Perkins Road, Memphis, TN 38118

Climate-controlled commercial space combines office accommodations with an open rear area and loading access.

Space Size3,600 SF
Days on Market48

Property Features for 3948-3950 S Perkins Road

General Information

Standard status Active
Size 3,600 SF
Net Rentable 3,600 SF
Class B
Property subtype Other Special Purpose
Lease Type Modified Gross

Space & Availability

Available Space 3,600 SF
Contiguous Space 3,600 SF
Space Use Flex

Additional Details

Lease Rate $8
Dock-High Doors 1

Building Details

Building Size 3,600 SF

Spaces For Lease

at 3948-3950 S Perkins Road
3948-3950 S Perkins Road
Size 3,600 SF
Lease Type Modified Gross
Contact us
Listing Agency: NAI | Saig Company
Listed By: Brian Califf · License ##299669
Source: Thebrokerlist
Added: Sep 1 Changed: Oct 14 Last Checked: Oct 16 at 5:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI | Saig Company

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,600 SF flex space is configured for office and operational use, with eight offices, two private restrooms, and a substantial open area at the rear. The premises are fully served by HVAC and include a dock door for loading access.

The property is located on S Perkins Road in Memphis, near Highway 70 and across from the Mid-South Food Bank. Its combination of enclosed offices, conditioned space, and rear loading functionality provides a practical flex-space layout.

Key Highlights

  • 3,600 SF flex space
  • 100% HVAC coverage
  • 1 dock door for loading access

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy Parking Lot & Garage Garden Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Dock-high doors
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

307
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38118, TN

39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$12.17 /SF/Yr
Avg Asking Price
$7.5–$21 /SF/Yr
Price Range
17,736 SF
Avg Space Size

This space is priced 34% below the average of $12.17 /SF/Yr.

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Climate-controlled commercial space combines office accommodations with an open rear area and loading access.
Where is this flex space located?
The property is located at 3948-3950 S Perkins Road Memphis, TN.
What are key features of this property?
This property features: 3,600 SF flex space; 100% HVAC coverage; 1 dock door for loading access
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again